Chronic poverty is a phenomenon whereby an individual or group is in a state of
poverty
Poverty is a state or condition in which an individual lacks the financial resources and essentials for a basic standard of living. Poverty can have diverse Biophysical environmen ...
over extended period of time. While determining both the implicit
poverty line
The poverty threshold, poverty limit, poverty line, or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for ...
and the duration needed to be considered long-term is debated, the identification of this kind of poverty is considered important because it may require different policies than those needed for addressing ''transient'' poverty.
[Gibson, John (2001) Measuring chronic poverty without a panel, ''Journal of Development Economics'' Volume 65, Issue 2, August, Pages 243-266]
See also
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Chronic Poverty Research Centre
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Cycle of poverty
In economics, a cycle of poverty, poverty trap or generational poverty is when poverty seems to be inherited, preventing subsequent generations from escaping it. It is caused by self-reinforcing mechanisms that cause poverty, once it exists, to ...
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Extreme poverty
Extreme poverty is the most severe type of poverty, defined by the United Nations (UN) as "a condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, ...
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Trans poverty
Trans- is a Latin prefix meaning "across", "beyond", or "on the other side of".
Used alone, trans may refer to:
Sociology
* Trans, a sociological term which may refer to:
** Transgender, people who identify themselves with a gender that dif ...
References
{{Poverty
Measurements and definitions of poverty